The capitalization of cryptoeconomics will reach $10 trillion according to RBC Capital Markets analysts
Analysts at investment bank RBC Capital Markets Mitch Steves and Amit Dariani are convinced that the current boom in the cryptocurrency market is still gaining momentum and the total capitalization of cryptocurrency will increase approximately 20 times and will exceed $10 trillion dollars.
We believe that cryptocurrencies will not go anywhere and are likely to become a large market. Our long-term outlook for cryptocurrency is $10 trillion, compared with the current $ 500 billion.
Also, Royal Bank of Canada investment unit representatives are convinced the rapid growth of the cryptocurrency market is “great news for Nvidia,” video cards of which are in demand among miners.
The other day venture capital firm Social Capital Partnership founder Chamath Palihapitiya expressed the opinion that in three to four years Bitcoin will cost $100,000 dollars. Investor Mike Novograts, who said that next year the price of “digital gold” will reach $40,000, made a no less optimistic forecast.
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